From comparsion to contract
All-inclusive services for foreigners (in English and German)
Why Bankmonitor is your ideal partner for borrowing in Hungary?
- The #1 page in Hungary for comparing banks
- 95% of all offers on the Hungarian banking market are available on our website
- We support mortgage loan applications worth tens of billions of forints annually
- Unique interest terms and conditions are also available (special discounts for Bankmonitor customers)
- We offer services to our customers in both English and German
- We provide complete administration for you
How do we help you?
- We assess your creditworthiness
- We inform you which banks offer viable alternatives to foreigners
- If necessary, we ask for a preliminary credit assessment for you (free of charge)
- We take over all administrative work (even if you are in Hungary only for the signing of the loan agreement)
How much will it cost?
- Our service is free of charge
- Our revenue comes from banks (we receive a share of their savings in bank branch costs)
- Commission payments by banks are strictly regulated: each bank pays the same amount for a concluded mortgage loan
- Our primary objective is to have satisfied customers
Prerequisites for mortgage applications in Hungary
- Verifiable income (from employment, business venture, pension, etc.) from a European country
- The loan must be used for the purchase of a property in Hungary
- The borrower can pay at least 20% of the value of the purchased property as a down payment
Legal background and guarantees
- Our operations are supervised by the National Bank of Hungary
- We do not request or accept orders for managing financial transactions from our customers
- We have liability insurance
Useful tip: run a pre-approval!
- Not sure whether you qualify for a mortgage? We can run a pre-approval process for you!